Steven Shore, a Manhattan co-op lawyer, recently included information about the case in a newsletter to clients.
Errol Brett, a Manhattan co-op lawyer, takes that advice and puts it in writing.
Dennis Greenstein, a Manhattan co-op lawyer, said the law could have other implications.
Andrea Roschelle, a Manhattan co-op lawyer, mentioned another possible issue when a shareholder dies.
Aaron Shmulewitz, Manhattan co-op lawyer, said that he believes the decision is "flawed."
Bruce Cholst, a Manhattan co-op lawyer, said that the situation is by no means uncommon.
James G. Samson, another Manhattan co-op lawyer, offered this final bit of advice for boards as they start the new year.
Bruce Cholst, a Manhattan co-op lawyer, said that another problem with the new rule was its ambiguity.
A. Howard Schechter, a Manhattan co-op lawyer, said there is nothing illegal about the board's decision.
"I think a lot of people are nervous about this decision," said Richard Siegler, a Manhattan co-op lawyer.